All things STOCKS

[Thunder Good-Oil]

Yep, you are entirely right. It's all about $.
When we lived in Knoxville we primarily went to a theater somewhat near West town (not main stream) and one at Turkey Creek(Regal?). It's been 10 years, but my understanding is the one near West Town is closed.
Many better movies aren't shown in most smaller markets until after the awards season.
We now stream a movie about 5 nights a week at home. As you suggest.

West Town Theater building in the NE corner of the parking lot was demolished a long time ago. So was the Kingston-Cinema 4 across from Bearden High School. Last I noticed the Fox Theater building a block west of Montvue was still standing, but hasn’t been a movie theater for probably longer than either WT or KC4.

 

[Tri-CitiesVol]

I’m a fed as well and never try to time the market. Why don’t you just stay appropriately diversified? Have you had success timing in the past. I have never done anything big in my TSP other than rebalance.

This is what worries me as we shift from R to D.

 

[Tri-CitiesVol]

It look like it took until post inauguration before the reversal started last election.

 

[Go aeiou]

West Town Theater building in the NE corner of the parking lot was demolished a long time ago. So was the Kingston-Cinema 4 across from Bearden High School. Last I noticed the Fox Theater building a block west of Montvue was still standing, but hasn’t been a movie theater for probably longer than either WT or KC4.

I thought it was a regal theater. It was one block off Kingston pk. There was a high end hifi shop on the road we turned on to get to it.
I think if was Regal downtown west? It showed better current movies than anywhere we found when we moved to Nashville.

 

[Go aeiou]

This is what worries me as we shift from R to D.

It really had a nothing to do with politics. It as a banking fraud that caused the great recession.
Loans to people with no proof of income. Sub prime lending. Those loans were packaged and ruined economies around the world.
If you had loaded everything you had into the stock fund then you would have made a lot of money. Buy when everything looks like crap, buy. It's hard to do, and impossible to pick the very bottom.
I tripled my money in a few years by selling in 2007 when my residential lot sales dropped by 70% I then invested in 08 and 09 at much lower prices. I lost a lot of money on stocks that I did not sell, but they eventually came back. I knew people who sold near the bottom, and lost that money y forever.
The bond fund you have went up because yields went down. We are at a very low yield right now. If rates rise bond fund values typically go down.

Circumstances are different now. Jmo, failure to get another stimulus might put us in a worse recession.

 

[Firebirdparts]

This is what worries me as we shift from R to D.

2nd greatest buying opportunity in my lifetime. FWIW.

 

[Go aeiou]

2nd greatest buying opportunity in my lifetime. FWIW.

Why do you feel that way?

 

[Carp]

Their B/S is OK. If we are still in this spot this time next year, then viability becomes a concern.

Longer term, does streaming kill the movie theater industry?

If I recall, Tenet did better globally than Mulan did on VOD and internationally. It's only 2 movies to compare so not really a great sample, but I doubt theaters are going away anytime soon. But I do see one of 2 things happening (may be both).

1. Low-mid budget movies will continue to go directly to streaming services like they are currently are. Blockbusters will continue to be played in theaters, probably for a longer time.

2. Netflix/Amazon/Disney buy out a theater chain that's close to bankruptcy, most likely AMC since they seem to be the weakest of the main theaters. They can capitalize on box office sales of their original content as well as start streaming movies quicker than the industry standard of 90 days.

 

[DancingOutlaw]

It really had a nothing to do with politics. It as a banking fraud that caused the great recession.
Loans to people with no proof of income. Sub prime lending. Those loans were packaged and ruined economies around the world.
If you had loaded everything you had into the stock fund then you would have made a lot of money. Buy when everything looks like crap, buy. It's hard to do, and impossible to pick the very bottom.
I tripled my money in a few years by selling in 2007 when my residential lot sales dropped by 70% I then invested in 08 and 09 at much lower prices. I lost a lot of money on stocks that I did not sell, but they eventually came back. I knew people who sold near the bottom, and lost that money y forever.
The bond fund you have went up because yields went down. We are at a very low yield right now. If rates rise bond fund values typically go down.

Circumstances are different now. Jmo, failure to get another stimulus might put us in a worse recession.

I did a lot of returns for people who panic sold in 2008/early 2009, it was nauseating seeing people locking in six figure carryforwards that would take forever to recoup. You had the double whammy of locking in temporary losses combined with being too skittish to put that cash back into the market to regrow your positions.

 

[Go aeiou]

I did a lot of returns for people who panic sold in 2008/early 2009, it was nauseating seeing people locking in six figure carry forwards that would take forever to recoup. You had the double whammy of locking in temporary losses combined with being too skittish to put that cash back into the market to regrow your positions.

Same here. What's worse is seeing a 55-60 year old giving up, and getting out of stocks (primarily mutual funds) and changing from stocks to money markets or CDs. All in 401k, IRAs, other retirement accounts. I heard "I'll be working to the day I die", several times. Many of them are. If only they had stayed in the market.

 

[Firebirdparts]

Why do you feel that way?

Why would I feel? A dollar invested in the SP500 quadrupled in 10 years after that. The best buying opportunity of my life was sometime in 1983. The same index increased A dollar 10x by y2k, no joke. I did not have any money in 1983. Those two run ups account for all the stock returns of my lifetime. Maybe more than all.

 

[loosedog]

Bought a bit of Netflix on sale this morning

 

[GoDucks349]

I did a lot of returns for people who panic sold in 2008/early 2009, it was nauseating seeing people locking in six figure carryforwards that would take forever to recoup. You had the double whammy of locking in temporary losses combined with being too skittish to put that cash back into the market to regrow your positions.

You'll like this during the 2008 sell off the small cap value contrarian firm I worked for bought into the women's apparel segment of the market. I think we bought 8 different companies that had basically no debt and enough cash to survive 2 years. I believe Ann Taylor was below $500 million market cap at that time. The firm made between 400-600% on those holdings over the following 6-9 months.

We did need some winners at the time as we'd been heavy in New Century and Aames Financial going into that period. If you read The Big Short by Michael Lewis, at one point the reference a "west coast boutique" firm that had large positions in those firms. Yep, that was us.

 

[GoDucks349]

What's your Favorite stock screener?

My faborite is Finviz

 

[VolAllen]

Pretty random 5% drop for SAVE on no news or anything

 

[mr.checkerboards]

Pretty random 5% drop for SAVE on no news or anything

I'm confused as well.

 

[mr.checkerboards]

So I've changed my strategy a little bit. Ive still got some options going, but I've also decided im going to start looking for some dividends.
Right now im in
ARR
GLAD
SCM
MAIN
They are all monthly payouts.

 

[Carp]

Got out of WTRH for a small loss yesterday. Good thing cause it tanked today. When it hits 2.50 in a week or so, I'll jump back in. Q3 earnings will likely be pretty good.

 

[bignewt]

gonna be a slow bleed till the election.

 

[VolAllen]

I sold 1,000 of my 2,000 SAVE. I actually think they’ll beat earnings, but it will still probably drop.

 

[Go aeiou]

Aren't bookings going up. I saw where United has added flights.
Not sure I trust the numbers, but the airlines claim the chance of getting covid is extremely small.

 

[VolAllen]

Aren't bookings going up. I saw where United has added flights.
Not sure I trust the numbers, but the airlines claim the chance of getting covid is extremely small.

Yes, I believe things are looking up, especially for Spirit. However, I’ve rarely seen anything go up after earnings, so I always expect the worst. I figure it will be a dollar swing either way. Earnings will either drop to $15, or send back to $17’s.

 

[lmoore944]

Yes, I believe things are looking up, especially for Spirit. However, I’ve rarely seen anything go up after earnings, so I always expect the worst. I figure it will be a dollar swing either way. Earnings will either drop to $15, or send back to $17’s.

I really think it'll move up. You have to think at the current price, bad earnings are already priced in right? I've been debating whether to add more today.

 

[VolAllen]

I really think it'll move up. You have to think at the current price, bad earnings are already priced in right? I've been debating whether to add more today.

Nothing logical ever happens, which is why I expect it to go down

 

[lmoore944]

Nothing logical ever happens, which is why I expect it to go down

That is definitely true in this market. I'm trying to stay heavy cash until the election is over. Hopefully there will be some huge discounts the next month.